BizRate: Online Sales Near Normal

BizRate.com, Los Angeles, reported that as of Sept. 24 spending at retail Web sites had nearly rebounded to levels recorded before the Sept. 11 terrorist attacks against the United States.

Also, the comparison-shopping site predicted that "the e-commerce industry will sustain healthy growth rates into the fourth quarter," generating $11.55 billion in online sales. This would produce a 25 percent year-over-year increase. BizRate.com expects 33 percent of all 2001 online sales to be generated during the fourth quarter.

BizRate.com provided online sales totals for several dates, including: $92.41 million for Sept. 10; $56.29 million for Sept. 11; $82.49 million for Sept. 17; and $89.68 million for Sept. 24.